Fisher Funds Management LTD
CIK 0001435028
Annualised vol
13.932599%
Beta
0.693396
HHI
174.440431
Top-10 weight
31.943456%
VaR 95%
1.2563%
VaR 99%
2.581588%
Max drawdown
22.3125%
Matched value
71.102459%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| MSFT | ADDED | 564,767 | 527,159 | 7.13% | 210,669,386 |
| NVDA | ADDED | 823,841 | 569,809 | 44.58% | 164,842,345 |
| GOOGL | ADDED | 443,263 | 430,527 | 2.96% | 158,144,973 |
| AMZN | REDUCED | 597,393 | 693,708 | -13.88% | 142,382,647 |
| META | REDUCED | 179,034 | 181,787 | -1.51% | 100,848,062 |
| AAPL | ADDED | 318,286 | 260,471 | 22.2% | 92,099,237 |
| MA | REDUCED | 175,563 | 195,699 | -10.29% | 90,169,157 |
| MELI | ADDED | 35,990 | 35,471 | 1.46% | 61,089,066 |
| DXCM | REDUCED | 840,950 | 910,584 | -7.65% | 56,637,983 |
| NEE | UNCHANGED | 582,884 | 582,884 | 0.0% | 51,159,729 |
| JPM | ADDED | 151,953 | 151,952 | 0.0% | 49,738,776 |
| UBER | REDUCED | 687,742 | 788,026 | -12.73% | 49,627,462 |
| NFLX | REDUCED | 694,523 | 825,858 | -15.9% | 49,588,942 |
| ISRG | REDUCED | 118,359 | 142,156 | -16.74% | 47,069,007 |
| MU | REDUCED | 40,629 | 58,643 | -30.72% | 46,897,649 |
| MSCI | REDUCED | 83,148 | 109,160 | -23.83% | 46,566,205 |
| BSX | ADDED | 1,007,864 | 860,964 | 17.06% | 43,015,635 |
| V | ADDED | 118,511 | 25,796 | 359.42% | 40,659,940 |
| ZTS | UNCHANGED | 491,051 | 491,051 | 0.0% | 35,286,924 |
| EFX | REDUCED | 214,436 | 226,651 | -5.39% | 34,035,282 |
| CMS | REDUCED | 429,193 | 525,747 | -18.37% | 32,833,265 |
| HUM | REDUCED | 82,603 | 106,667 | -22.56% | 32,811,563 |
| AXP | ADDED | 96,344 | 84,377 | 14.18% | 32,588,359 |
| KKR | REDUCED | 325,985 | 427,156 | -23.68% | 29,918,903 |
| SPGI | ADDED | 71,588 | 8,667 | 725.98% | 29,154,928 |
| JNJ | REDUCED | 110,089 | 123,343 | -10.75% | 27,959,303 |
| INTC | REDUCED | 193,971 | 304,713 | -36.34% | 27,084,171 |
| ICLR | REDUCED | 149,726 | 174,291 | -14.09% | 26,008,903 |
| ABBV | REDUCED | 99,740 | 105,518 | -5.48% | 25,098,574 |
| EQIX | UNCHANGED | 23,071 | 23,071 | 0.0% | 24,048,980 |
| WBD | ADDED | 899,932 | 694,932 | 29.5% | 23,992,187 |
| VST | ADDED | 150,963 | 140,089 | 7.76% | 23,947,260 |
| CRM | REDUCED | 133,904 | 134,513 | -0.45% | 20,977,401 |
| MRK | UNCHANGED | 151,132 | 151,132 | 0.0% | 19,420,462 |
| UNH | REDUCED | 46,062 | 48,730 | -5.48% | 19,144,749 |
| CCI | UNCHANGED | 243,881 | 243,881 | 0.0% | 18,469,108 |
| LLY | ADDED | 14,451 | 10,451 | 38.27% | 17,332,963 |
| HD | REDUCED | 49,127 | 51,973 | -5.48% | 17,326,110 |
| HDB | NEW | 665,937 | - | - | 17,201,153 |
| URI | REDUCED | 14,855 | 16,774 | -11.44% | 16,829,081 |
| ORCL | REDUCED | 110,066 | 123,319 | -10.75% | 16,130,172 |
| TEAM | REDUCED | 201,695 | 222,613 | -9.4% | 15,689,854 |
| NUE | REDUCED | 68,876 | 77,627 | -11.27% | 15,342,129 |
| VZ | REDUCED | 354,935 | 375,497 | -5.48% | 15,027,948 |
| PG | REDUCED | 100,816 | 106,656 | -5.48% | 14,783,658 |
| T | REDUCED | 700,833 | 741,432 | -5.48% | 14,507,243 |
| PH | REDUCED | 14,299 | 15,127 | -5.47% | 13,986,138 |
| WCN | REDUCED | 83,010 | 196,508 | -57.76% | 13,836,937 |
| LRCX | REDUCED | 31,319 | 53,433 | -41.39% | 13,571,462 |
| STLD | REDUCED | 55,789 | 88,464 | -36.94% | 12,801,344 |
| UNP | UNCHANGED | 39,150 | 39,150 | 0.0% | 10,648,800 |
| ADI | REDUCED | 25,871 | 32,967 | -21.52% | 10,275,185 |
| ALL | REDUCED | 42,694 | 45,167 | -5.48% | 10,158,610 |
| CVS | REDUCED | 97,450 | 103,095 | -5.48% | 10,081,203 |
| AFL | REDUCED | 84,661 | 89,565 | -5.48% | 9,926,502 |
| PPL | REDUCED | 270,148 | 285,798 | -5.48% | 9,819,880 |
| EXC | REDUCED | 204,844 | 216,711 | -5.48% | 9,549,827 |
| MDLZ | REDUCED | 153,840 | 162,752 | -5.48% | 8,898,106 |
| AMGN | REDUCED | 24,245 | 25,650 | -5.48% | 8,779,599 |
| AMRZ | REDUCED | 157,700 | 166,836 | -5.48% | 8,405,410 |
| MCK | REDUCED | 10,895 | 43,890 | -75.18% | 8,232,262 |
| PFE | REDUCED | 324,451 | 343,247 | -5.48% | 7,812,780 |
| EBAY | REDUCED | 68,704 | 72,684 | -5.48% | 7,677,672 |
| CMCSA | UNCHANGED | 311,422 | 311,422 | 0.0% | 7,645,410 |
| TRV | UNCHANGED | 23,134 | 23,134 | 0.0% | 7,636,996 |
| ATO | REDUCED | 44,079 | 49,500 | -10.95% | 7,593,489 |
| TYL | UNCHANGED | 25,778 | 25,778 | 0.0% | 7,539,034 |
| GILD | UNCHANGED | 59,571 | 59,571 | 0.0% | 7,526,200 |
| KEYS | UNCHANGED | 20,813 | 20,813 | 0.0% | 7,286,007 |
| ELV | UNCHANGED | 18,372 | 18,372 | 0.0% | 7,105,004 |
| TEL | UNCHANGED | 32,700 | 32,700 | 0.0% | 6,592,647 |
| CBRE | UNCHANGED | 46,667 | 46,667 | 0.0% | 6,285,578 |
| AMD | ADDED | 10,161 | 6,519 | 55.87% | 5,902,626 |
| WMT | NEW | 44,882 | - | - | 5,083,335 |
| MMM | UNCHANGED | 26,736 | 26,736 | 0.0% | 4,328,826 |
| DELL | UNCHANGED | 9,862 | 9,862 | 0.0% | 4,255,059 |
| DOV | UNCHANGED | 18,657 | 18,657 | 0.0% | 4,184,392 |
| LIN | UNCHANGED | 7,991 | 7,991 | 0.0% | 4,146,850 |
| BLK | UNCHANGED | 4,299 | 4,299 | 0.0% | 4,133,746 |
| CPAY | UNCHANGED | 11,751 | 11,751 | 0.0% | 3,916,256 |
| MDT | UNCHANGED | 49,347 | 49,347 | 0.0% | 3,860,416 |
| DE | REDUCED | 6,000 | 27,369 | -78.08% | 3,805,980 |
| CTVA | UNCHANGED | 43,937 | 43,937 | 0.0% | 3,721,025 |
| DLTR | UNCHANGED | 28,626 | 28,626 | 0.0% | 3,462,315 |
| UPS | UNCHANGED | 31,258 | 31,258 | 0.0% | 3,360,235 |
| Q | REDUCED | 19,866 | 29,366 | -32.35% | 3,244,316 |
| XYZ | UNCHANGED | 41,857 | 41,857 | 0.0% | 3,181,132 |
| DOW | UNCHANGED | 115,112 | 115,112 | 0.0% | 3,149,464 |
| BBY | UNCHANGED | 41,103 | 41,103 | 0.0% | 3,118,896 |
| VRT | UNCHANGED | 9,298 | 9,298 | 0.0% | 3,113,156 |
| TSN | UNCHANGED | 53,316 | 53,316 | 0.0% | 3,052,341 |
| KDP | UNCHANGED | 93,252 | 93,252 | 0.0% | 3,052,138 |
| STZ | UNCHANGED | 21,311 | 21,311 | 0.0% | 2,964,147 |
| KLAC | ADDED | 9,780 | 978 | 900.0% | 2,950,724 |
| NSC | UNCHANGED | 8,885 | 8,885 | 0.0% | 2,795,132 |
| DD | REDUCED | 19,577 | 58,733 | -66.67% | 2,655,424 |
| BDX | UNCHANGED | 16,545 | 16,545 | 0.0% | 2,503,755 |
| ON | REDUCED | 26,157 | 78,462 | -66.66% | 2,472,883 |
| C | ADDED | 17,558 | 12,635 | 38.96% | 2,457,418 |
| HPE | UNCHANGED | 53,694 | 53,694 | 0.0% | 2,422,136 |
| KMB | UNCHANGED | 21,593 | 21,593 | 0.0% | 2,370,264 |
| MS | ADDED | 11,285 | 8,134 | 38.74% | 2,359,016 |
| MCD | ADDED | 8,726 | 6,511 | 34.02% | 2,358,725 |
| MRVL | REDUCED | 7,753 | 16,453 | -52.88% | 2,309,541 |
| MOH | UNCHANGED | 8,810 | 8,810 | 0.0% | 2,014,847 |
| GS | UNCHANGED | 1,622 | 1,622 | 0.0% | 1,640,442 |
| FISV | UNCHANGED | 32,022 | 32,022 | 0.0% | 1,570,679 |
| APTV | UNCHANGED | 24,930 | 24,930 | 0.0% | 1,530,203 |
| KO | NEW | 18,000 | - | - | 1,462,860 |
| IT | UNCHANGED | 11,035 | 11,035 | 0.0% | 1,430,357 |
| VSNT | UNCHANGED | 12,456 | 12,456 | 0.0% | 448,541 |
| VGNT | NEW | 8,309 | - | - | 349,061 |
| ADBE | CLOSED OUT | 0 | 34,152 | -100.0% | 0 |
| CI | CLOSED OUT | 0 | 32,735 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 210,669,386 | 5.99 | 564767.0 |
| NVDA | ADDED | NVIDIA CORP | COM | 67066G104 | 164,842,345 | 4.69 | 823841.0 |
| AMZN | REDUCED | AMAZON COM INC | COM | 023135106 | 142,382,647 | 4.05 | 597393.0 |
| GOOGL | ADDED | ALPHABET INC | CAP STK CL A | 02079K305 | 135,062,631 | 3.84 | 377935.0 |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 100,848,062 | 2.87 | 179034.0 |
| AAPL | ADDED | APPLE INC | COM | 037833100 | 92,099,237 | 2.62 | 318286.0 |
| MA | REDUCED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 90,169,157 | 2.56 | 175563.0 |
| - | FLOOR & DECOR HLDGS INC | CL A | 339750101 | 63,484,036 | 1.8 | 1069475.0 | |
| - | AVAGO TECHNOLOGIES LTD | SHS | 11135F101 | 62,936,928 | 1.79 | 166610.0 | |
| MELI | ADDED | MERCADOLIBRE INC | COM | 58733R102 | 61,089,066 | 1.74 | 35990.0 |
| DXCM | REDUCED | DEXCOM INC | COM | 252131107 | 56,637,983 | 1.61 | 840950.0 |
| - | DANAHER CORPORATION | COM | 235851102 | 55,632,732 | 1.58 | 292066.0 | |
| - | ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | 51,281,795 | 1.46 | 25777.0 | |
| NEE | UNCHANGED | NEXTERA ENERGY INC | COM | 65339F101 | 51,159,729 | 1.45 | 582884.0 |
| JPM | ADDED | JPMORGAN CHASE & CO | COM | 46625H100 | 49,738,776 | 1.41 | 151953.0 |
| UBER | REDUCED | UBER TECHNOLOGIES INC | COM | 90353T100 | 49,627,462 | 1.41 | 687742.0 |
| NFLX | REDUCED | NETFLIX INC | COM | 64110L106 | 49,588,942 | 1.41 | 694523.0 |
| ISRG | REDUCED | INTUITIVE SURGICAL INC | COM NEW | 46120E602 | 47,069,007 | 1.34 | 118359.0 |
| MU | REDUCED | MICRON TECHNOLOGY INC | COM | 595112103 | 46,897,649 | 1.33 | 40629.0 |
| MSCI | REDUCED | MSCI INC | COM | 55354G100 | 46,566,205 | 1.32 | 83148.0 |
| - | WILLIAMS COS INC | COM | 969457100 | 46,392,993 | 1.32 | 624065.0 | |
| BSX | ADDED | BOSTON SCIENTIFIC CORP | COM | 101137107 | 43,015,635 | 1.22 | 1007864.0 |
| - | GALLAGHER ARTHUR J & CO | COM | 363576109 | 41,553,548 | 1.18 | 181006.0 | |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 40,659,940 | 1.16 | 118511.0 |
| - | EDWARD LIFESCIENCES CORP | COM | 28176E108 | 35,971,057 | 1.02 | 397646.0 | |
| ZTS | UNCHANGED | ZOETIS INC | CL A | 98978V103 | 35,286,924 | 1.0 | 491051.0 |
| - | OLD DOMINION FREIGHT LINE IN | COM | 679580100 | 34,677,660 | 0.99 | 160100.0 | |
| EFX | REDUCED | EQUIFAX INC | COM | 294429105 | 34,035,282 | 0.97 | 214436.0 |
| - | PROGRESSIVE CORP OHIO | COM | 743315103 | 33,565,717 | 0.95 | 153654.0 | |
| CMS | REDUCED | CMS ENERGY CORP | COM | 125896100 | 32,833,265 | 0.93 | 429193.0 |
| HUM | REDUCED | HUMANA INC | COM | 444859102 | 32,811,563 | 0.93 | 82603.0 |
| AXP | ADDED | AMERICAN EXPRESS CO | COM | 025816109 | 32,588,359 | 0.93 | 96344.0 |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 32,025,073 | 0.91 | 134939.0 | |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 31,509,113 | 0.9 | 65978.0 | |
| - | TRADEWEB MKTS INC | CL A | 892672106 | 29,955,205 | 0.85 | 300574.0 | |
| KKR | REDUCED | KKR & CO INC | COM | 48251W104 | 29,918,903 | 0.85 | 325985.0 |
| - | APPLIED MATLS INC | COM | 038222105 | 29,438,391 | 0.84 | 40717.0 | |
| SPGI | ADDED | S&P GLOBAL INC | COM | 78409V104 | 29,154,928 | 0.83 | 71588.0 |
| - | KINDER MORGAN INC DEL | COM | 49456B101 | 28,667,403 | 0.82 | 896697.0 | |
| JNJ | REDUCED | JOHNSON & JOHNSON | COM | 478160104 | 27,959,303 | 0.79 | 110089.0 |
| INTC | REDUCED | INTEL CORP | COM | 458140100 | 27,084,171 | 0.77 | 193971.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 27,039,574 | 0.77 | 54037.0 | |
| - | AMERICAN TOWER CORP NEW | COM | 03027X100 | 26,972,366 | 0.77 | 164898.0 | |
| - | CISCO SYS INC | COM | 17275R102 | 26,620,430 | 0.76 | 226634.0 | |
| - | CAPITAL ONE FINL CORP | COM | 14040H105 | 26,119,119 | 0.74 | 130192.0 | |
| ICLR | REDUCED | ICON PLC | SHS | G4705A100 | 26,008,903 | 0.74 | 149726.0 |
| ABBV | REDUCED | ABBVIE INC | COM | 00287Y109 | 25,098,574 | 0.71 | 99740.0 |
| - | CANADIAN PAC RY LTD | COM | 13646K108 | 24,720,205 | 0.7 | 285288.0 | |
| EQIX | UNCHANGED | EQUINIX INC | COM | 29444U700 | 24,048,980 | 0.68 | 23071.0 |
| WBD | ADDED | WARNER BROS DISCOVERY INC | COM SER A | 934423104 | 23,992,187 | 0.68 | 899932.0 |
| VST | ADDED | VISTRA CORP | COM | 92840M102 | 23,947,260 | 0.68 | 150963.0 |
| GOOGL | ADDED | ALPHABET INC | CAP STK CL C | 02079K107 | 23,082,342 | 0.66 | 65328.0 |
| - | GRUPO AEROPUERTO DEL PACIFIC | SPON ADS B | 400506101 | 21,369,742 | 0.61 | 84412.0 | |
| CRM | REDUCED | SALESFORCE COM INC | COM | 79466L302 | 20,977,401 | 0.6 | 133904.0 |
| - | TARGA RES CORP | COM | 87612G101 | 20,112,377 | 0.57 | 75007.0 | |
| MRK | UNCHANGED | MERCK & CO INC | COM | 58933Y105 | 19,420,462 | 0.55 | 151132.0 |
| UNH | REDUCED | UNITEDHEALTH GROUP INC | COM | 91324P102 | 19,144,749 | 0.54 | 46062.0 |
| CCI | UNCHANGED | CROWN CASTLE INC | COM | 22822V101 | 18,469,108 | 0.53 | 243881.0 |
| - | INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 18,376,792 | 0.52 | 65349.0 | |
| - | MARTIN MARIETTA MATLS INC | COM | 573284106 | 18,249,095 | 0.52 | 31644.0 | |
| LLY | ADDED | ELI LILLY & CO | COM | 532457108 | 17,332,963 | 0.49 | 14451.0 |
| HD | REDUCED | HOME DEPOT INC | COM | 437076102 | 17,326,110 | 0.49 | 49127.0 |
| HDB | NEW | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 17,201,153 | 0.49 | 665937.0 |
| URI | REDUCED | UNITED RENTALS INC | COM | 911363109 | 16,829,081 | 0.48 | 14855.0 |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 16,632,898 | 0.47 | 115019.0 | |
| ORCL | REDUCED | ORACLE CORP | COM | 68389X105 | 16,130,172 | 0.46 | 110066.0 |
| TEAM | REDUCED | ATLASSIAN CORP PLC | CL A | 049468101 | 15,689,854 | 0.45 | 201695.0 |
| NUE | REDUCED | NUCOR CORP | COM | 670346105 | 15,342,129 | 0.44 | 68876.0 |
| VZ | REDUCED | VERIZON COMMUNICATIONS INC | COM | 92343V104 | 15,027,948 | 0.43 | 354935.0 |
| PG | REDUCED | PROCTER & GAMBLE CO | COM | 742718109 | 14,783,658 | 0.42 | 100816.0 |
| T | REDUCED | AT&T INC | COM | 00206R102 | 14,507,243 | 0.41 | 700833.0 |
| PH | REDUCED | PARKER HANNIFIN CORP | COM | 701094104 | 13,986,138 | 0.4 | 14299.0 |
| WCN | REDUCED | WASTE CONNECTIONS INC | COM | 94106B101 | 13,836,937 | 0.39 | 83010.0 |
| LRCX | REDUCED | LAM RESEARCH CORP | COM | 512807306 | 13,571,462 | 0.39 | 31319.0 |
| STLD | REDUCED | STEEL DYNAMICS INC | COM | 858119100 | 12,801,344 | 0.36 | 55789.0 |
| UNP | UNCHANGED | UNION PACIFIC CORP | COM | 907818108 | 10,648,800 | 0.3 | 39150.0 |
| - | AMERICAN WTR WKS CO INC NEW | COM | 030420103 | 10,329,293 | 0.29 | 78502.0 | |
| ADI | REDUCED | ANALOG DEVICES INC | COM | 032654105 | 10,275,185 | 0.29 | 25871.0 |
| ALL | REDUCED | ALLSTATE CORP | COM | 020002101 | 10,158,610 | 0.29 | 42694.0 |
| CVS | REDUCED | CVS HEALTH CORP | COM | 126650100 | 10,081,203 | 0.29 | 97450.0 |
| AFL | REDUCED | AFLAC INC | COM | 001055102 | 9,926,502 | 0.28 | 84661.0 |
| PPL | REDUCED | PPL CORP | COM | 69351T106 | 9,819,880 | 0.28 | 270148.0 |
| - | QUALCOMM INC | COM | 747525103 | 9,792,392 | 0.28 | 52992.0 | |
| EXC | REDUCED | EXELON CORP | COM | 30161N101 | 9,549,827 | 0.27 | 204844.0 |
| - | ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 9,408,097 | 0.27 | 255933.0 | |
| - | LOWES COS INC | COM | 548661107 | 9,402,355 | 0.27 | 42643.0 | |
| - | FORD MTR CO | COM | 345370860 | 9,335,018 | 0.27 | 671584.0 | |
| - | BANK AMER CORP | COM | 060505104 | 9,272,583 | 0.26 | 162734.0 | |
| - | AMERIPRISE FINL INC | COM | 03076C106 | 9,268,787 | 0.26 | 20204.0 | |
| - | GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 | 9,179,838 | 0.26 | 29931.0 | |
| - | HCA HOLDINGS INC | COM | 40412C101 | 9,054,805 | 0.26 | 23224.0 | |
| MDLZ | REDUCED | MONDELEZ INTL INC | CL A | 609207105 | 8,898,106 | 0.25 | 153840.0 |
| AMGN | REDUCED | AMGEN INC | COM | 031162100 | 8,779,599 | 0.25 | 24245.0 |
| - | THE CIGNA GROUP | COM | 125523100 | 8,530,091 | 0.24 | 30942.0 | |
| AMRZ | REDUCED | AMRIZE LTD | SHS | M0740A116 | 8,405,410 | 0.24 | 157700.0 |
| MCK | REDUCED | MCKESSON CORP | COM | 58155Q103 | 8,232,262 | 0.23 | 10895.0 |
| - | WABTEC | COM | 929740108 | 8,215,521 | 0.23 | 30473.0 | |
| - | CRH PLC | ORD | G25508105 | 8,021,469 | 0.23 | 74967.0 | |
| PFE | REDUCED | PFIZER INC | COM | 717081103 | 7,812,780 | 0.22 | 324451.0 |
| - | JOHNSON CTLS INTL PLC | SHS | G51502105 | 7,781,088 | 0.22 | 53255.0 | |
| EBAY | REDUCED | EBAY INC | COM | 278642103 | 7,677,672 | 0.22 | 68704.0 |
| CMCSA | UNCHANGED | COMCAST CORP NEW | CL A | 20030N101 | 7,645,410 | 0.22 | 311422.0 |
| TRV | UNCHANGED | TRAVELERS COMPANIES INC | COM | 89417E109 | 7,636,996 | 0.22 | 23134.0 |
| ATO | REDUCED | ATMOS ENERGY CORP | COM | 049560105 | 7,593,489 | 0.22 | 44079.0 |
| TYL | UNCHANGED | TYLER TECHNOLOGIES INC | COM | 902252105 | 7,539,034 | 0.21 | 25778.0 |
| GILD | UNCHANGED | GILEAD SCIENCES INC | COM | 375558103 | 7,526,200 | 0.21 | 59571.0 |
| KEYS | UNCHANGED | KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | 7,286,007 | 0.21 | 20813.0 |
| ELV | UNCHANGED | ELEVANCE HEALTH INC | COM | 036752103 | 7,105,004 | 0.2 | 18372.0 |
| - | PNC FINL SVCS GROUP INC | COM | 693475105 | 6,958,916 | 0.2 | 28263.0 | |
| - | GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 | 6,793,429 | 0.19 | 60071.0 | |
| - | INSTALLED BLDG PRODS INC | COM | 45780R101 | 6,657,775 | 0.19 | 28967.0 | |
| TEL | UNCHANGED | TE CONNECTIVITY PLC | ORD SHS | G87052109 | 6,592,647 | 0.19 | 32700.0 |
| - | NEWMONT MINING CORP | COM | 651639106 | 6,587,782 | 0.19 | 70533.0 | |
| - | CATERPILLAR INC DEL | COM | 149123101 | 6,413,893 | 0.18 | 6023.0 | |
| - | VERTEX PHARMACEUTICALS INC | COM | 92532F100 | 6,406,824 | 0.18 | 12898.0 | |
| CBRE | UNCHANGED | CBRE GROUP INC | CL A | 12504L109 | 6,285,578 | 0.18 | 46667.0 |
| - | SEMPRA ENERGY | COM | 816851109 | 5,984,152 | 0.17 | 64547.0 | |
| AMD | ADDED | ADVANCED MICRO DEVICES | COM | 007903107 | 5,902,626 | 0.17 | 10161.0 |
| - | COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 | 5,579,603 | 0.16 | 55757.0 | |
| - | ABBOTT LABS | COM | 002824100 | 5,383,241 | 0.15 | 59326.0 | |
| - | HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | 5,287,690 | 0.15 | 16001.0 | |
| WMT | NEW | WALMART INC | COM | 931142103 | 5,083,335 | 0.14 | 44882.0 |
| - | D R HORTON INC | COM | 23331A109 | 4,951,715 | 0.14 | 30401.0 | |
| - | ELECTRONIC ARTS INC | COM | 285512109 | 4,700,132 | 0.13 | 22923.0 | |
| MMM | UNCHANGED | 3M CO | COM | 88579Y101 | 4,328,826 | 0.12 | 26736.0 |
| DELL | UNCHANGED | DELL TECHNOLOGIES INC | CL C | 24703L202 | 4,255,059 | 0.12 | 9862.0 |
| - | LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 | 4,197,627 | 0.12 | 79727.0 | |
| DOV | UNCHANGED | DOVER CORP | COM | 260003108 | 4,184,392 | 0.12 | 18657.0 |
| LIN | UNCHANGED | LINDE PLC | SHS | G54950103 | 4,146,850 | 0.12 | 7991.0 |
| BLK | UNCHANGED | BLACKROCK INC | COM | 09290D101 | 4,133,746 | 0.12 | 4299.0 |
| CPAY | UNCHANGED | CORPAY INC | COM SHS | 219948106 | 3,916,256 | 0.11 | 11751.0 |
| MDT | UNCHANGED | MEDTRONIC PLC | SHS | G5960L103 | 3,860,416 | 0.11 | 49347.0 |
| DE | REDUCED | DEERE & CO | COM | 244199105 | 3,805,980 | 0.11 | 6000.0 |
| CTVA | UNCHANGED | CORTEVA INC | COM | 22052L104 | 3,721,025 | 0.11 | 43937.0 |
| DLTR | UNCHANGED | DOLLAR TREE INC | COM | 256746108 | 3,462,315 | 0.1 | 28626.0 |
| UPS | UNCHANGED | UNITED PARCEL SERVICE INC | CL B | 911312106 | 3,360,235 | 0.1 | 31258.0 |
| Q | REDUCED | QNITY ELECTRONICS | COMMON STOCK | 74743L100 | 3,244,316 | 0.09 | 19866.0 |
| XYZ | UNCHANGED | BLOCK INC | CL A | 852234103 | 3,181,132 | 0.09 | 41857.0 |
| DOW | UNCHANGED | DOW INC | COM | 260557103 | 3,149,464 | 0.09 | 115112.0 |
| BBY | UNCHANGED | BEST BUY INC | COM | 086516101 | 3,118,896 | 0.09 | 41103.0 |
| VRT | UNCHANGED | VERTIV HOLDINGS CO | CL A | 92537N108 | 3,113,156 | 0.09 | 9298.0 |
| TSN | UNCHANGED | TYSON FOODS INC | CL A | 902494103 | 3,052,341 | 0.09 | 53316.0 |
| KDP | UNCHANGED | KEURIG DR PEPPER INC | COM | 49271V100 | 3,052,138 | 0.09 | 93252.0 |
| STZ | UNCHANGED | CONSTELLATION BRANDS INC | CL A | 21036P108 | 2,964,147 | 0.08 | 21311.0 |
| KLAC | ADDED | KLA CORP | COM | 482480100 | 2,950,724 | 0.08 | 9780.0 |
| NSC | UNCHANGED | NORFOLK SOUTHERN CORP | COM | 655844108 | 2,795,132 | 0.08 | 8885.0 |
| - | COSTCO WHSL CORP NEW | COM | 22160K105 | 2,768,056 | 0.08 | 2959.0 | |
| DD | REDUCED | DUPONT DE NEMOURS INC | COM | 26614N201 | 2,655,424 | 0.08 | 19577.0 |
| BDX | UNCHANGED | BECTON DICKINSON & CO | COM | 075887109 | 2,503,755 | 0.07 | 16545.0 |
| ON | REDUCED | ON SEMICONDUCTOR CORP | COM | 682189105 | 2,472,883 | 0.07 | 26157.0 |
| C | ADDED | CITIGROUP INC | COM | 172967424 | 2,457,418 | 0.07 | 17558.0 |
| HPE | UNCHANGED | HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | 2,422,136 | 0.07 | 53694.0 |
| KMB | UNCHANGED | KIMBERLY CLARK CORP | COM | 494368103 | 2,370,264 | 0.07 | 21593.0 |
| MS | ADDED | MORGAN STANLEY | COM NEW | 617446448 | 2,359,016 | 0.07 | 11285.0 |
| MCD | ADDED | MCDONALDS CORP | COM | 580135101 | 2,358,725 | 0.07 | 8726.0 |
| MRVL | REDUCED | MARVELL TECHNOLOGY INC | COM | 573874104 | 2,309,541 | 0.07 | 7753.0 |
| - | DELTA AIR LINES INC DEL | COM | 247361702 | 2,111,846 | 0.06 | 22548.0 | |
| - | TEXAS INSTRS INC | COM | 882508104 | 2,086,490 | 0.06 | 7000.0 | |
| MOH | UNCHANGED | MOLINA HEALTHCARE INC | COM | 60855R100 | 2,014,847 | 0.06 | 8810.0 |
| - | WELLS FARGO CO NEW | COM | 949746101 | 1,959,560 | 0.06 | 23712.0 | |
| - | DISNEY WALT CO | COM | 254687106 | 1,940,881 | 0.06 | 20165.0 | |
| - | EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 1,890,084 | 0.05 | 27824.0 | |
| - | INTERACTIVE BROKERS GROUP IN | CL A | 45841N107 | 1,724,262 | 0.05 | 19810.0 | |
| GS | UNCHANGED | GOLDMAN SACHS GROUP INC | COM | 38141G104 | 1,640,442 | 0.05 | 1622.0 |
| - | NXP SEMICONDUCTORS NV | COM | N6596X109 | 1,622,948 | 0.05 | 5775.0 | |
| FISV | UNCHANGED | FISERV INC | COM | 337738108 | 1,570,679 | 0.04 | 32022.0 |
| APTV | UNCHANGED | APTIV PLC | SHS | G3265R107 | 1,530,203 | 0.04 | 24930.0 |
| KO | NEW | COCA COLA CO | COM | 191216100 | 1,462,860 | 0.04 | 18000.0 |
| - | PAYPAL HLDGS INC | COM | 70450Y103 | 1,442,946 | 0.04 | 33417.0 | |
| IT | UNCHANGED | GARTNER INC | COM | 366651107 | 1,430,357 | 0.04 | 11035.0 |
| - | ROYAL CARIBBEAN GROUP | COM | V7780T103 | 1,260,912 | 0.04 | 3971.0 | |
| - | WATERS CORP | COM | 941848103 | 839,715 | 0.02 | 2239.0 | |
| VSNT | UNCHANGED | VERSANT MEDIA GROUP INC | COM CL A | 925283103 | 448,541 | 0.01 | 12456.0 |
| VGNT | NEW | VERSIGENT PLC | ORDINARY SHARES | G9600F104 | 349,061 | 0.01 | 8309.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-14 | 3,517,413,640 | 174 | 13.932599 | 0.693396 | 22.3125 |
| 2026-03-31 | 2026-04-16 | 3,412,157,447 | 169 | 13.252956 | 0.658671 | 21.340537 |
| 2025-12-31 | 2026-01-26 | 3,873,568,164 | 166 | 13.252291 | 0.656547 | 21.391321 |
| 2025-09-30 | 2025-10-29 | 3,787,044,119 | 160 | 12.851799 | 0.635186 | 21.13384 |
| 2025-03-31 | 2025-04-29 | 4,123,181,392 | 164 | 13.016894 | 0.640621 | 21.263021 |
| 2024-12-31 | 2025-02-04 | 4,145,099,725 | 164 | 13.037829 | 0.642869 | 21.141498 |